Institutional traders accounted for 72% of Wintermute’s spot OTC flow in 1H 2026 as capital concentrated in fewer tokens and altcoin rallies narrowed.

A new report from market maker Wintermute found that institutions now dominate crypto trading, driving lower volatility, selective altcoin flows and growth in tokenized assets.

Institutional traders accounted for 72% of Wintermute’s spot OTC flow in 1H 2026 as capital concentrated in fewer tokens and altcoin rallies narrowed.